Adani AGM: Adani’s first AGM after Hindenburg incident, Gautam Adani said – false allegations against us


Adani AGM: Under the AGM of Adani Group, the Annual General Meeting (AGM) 2023 of Adani Enterprises and Adani Total Gas was held today. Adani Group Chairman Gautam Adani has addressed the shareholders and officers of the companies in this AGM. Both the companies had already informed about this to the stock exchanges.

Gautam Adani spoke openly about the report of Hindenburg Research

Gautam Adani spoke openly about the report of Hindenburg Research and said that Hindenburg issued a false report against us on the eve of Republic Day in which false allegations were made against us and an attempt was made to hurt the Adani group. This was completely an attempt to create a negative atmosphere against the Adani group.

We have withdrawn the FPO in the interest of investors – Gautam Adani

Gautam Adani said that this American short seller Hindenburg brought out a report against Adani group to fulfill his interests and its timing was very deliberately kept at the time of Adani’s FPO. The impact of this report was also seen on the price of shares of Adani Group and a lot of ups and downs were seen. We have withdrawn the follow-on public offer to safeguard the interests of our investors so that they do not have to bear the negative impact of the Hindenburg Research report. The report was a combination of misinformation and slanderous allegations, and most of them date from 2004 to 2015. All were settled by the authorities at that time. This report was a deliberate malicious attempt aimed at damaging our reputation.

Know what else Gautam Adani has said

Gautam Adani said that due to the allegations against us, the Supreme Court formed a committee, although the expert committee did not find regulatory flaws. An attempt was made to tarnish our image. SEBI also has this matter and SEBI has to submit the report to the Supreme Court. Relying on our disclosures to submit reports to SEBI. Our track record has been excellent and investors’ faith in Adani Group has remained intact in these difficult times. Although we were targeted and targeted, but the investors have faith in us.

What did Gautam Adani say about the Indian economy?

Gautam Adani said that India is the fifth largest economy in the world. By the year 2030, India’s economy will be the third largest and by 2050, it will be the second largest economy. For this, it is necessary to have a stable government at the center and we have full confidence that the country will become a 5 trillion dollar economy.

Gautam Adani made a big announcement

Gautam Adani said that the Adani group is going to build the largest hydro-renewable park. This is going to be the most difficult and ambitious project for us so far and it will be a 72,000 crore acre project. It will be capable of generating 20 GW of green energy.

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